Authority: Title 2.1, Chapter 5.6 and § 2.1-51.10:1, Code of Virginia.

A. The Secretary of Administration, in conjunction with the Secretary of Finance shall conduct a joint study to determine the feasibility of moving the Division of Risk Management from the responsibility of the Department of General Services to the Department of the Treasury. A report of the findings and recommendations shall be made to the Governor and the 2001 session of the General Assembly.

B.1. The Secretary of Administration is authorized to conduct negotiations to sell the Commonwealth’s interests in the Main Street Station property. Should he establish adequate terms for the property’s sale, the Secretary of Administration is authorized to transfer this property to another owner pursuant to §§ 2.1-504.3 and 2.1-512, Code of Virginia. Once Main Street Station has been sold, it is the intent of the General Assembly to build a parking structure to replace the employee parking spaces which will be lost due to the property’s sale. The proposed location for this parking structure is the Consolidated Laboratories Building’s current site. However, before this new parking structure is built, a new Consolidated Laboratories Building must have been constructed at a different location.

B.2. Contingent upon actions being taken on paragraph B 1 of this Item and Item C-1, the Secretary of Administration shall develop a plan for the eventual demolition of the Eighth Street Office Building, including how employees currently working there will be relocated to other state properties at the seat of government.